Tag: gold

4 Junior Mining Stocks Representing Good Relative Value

JayCurrie
canadian junior exploration

SmallCapPower | August 4, 2017: Only 11 junior mining companies trading on Canadian stock exchanges have generated positive operating cash flow over the past 12 months. Investing in these cash-flow generating assets is much safer than speculating on junior gold companies that have not yet moved into production. When analyzing these cash-flow positive companies, it is important not to pay too much for an ownership stake. Today we have identified four Canadian junior mining stocks trading below the industry median 8x price/LTM operating cash-flow multiple. read more at Small Cap Power

Northern Territories Assays Show New Mineralized Structures

JayCurrie
V.VIT, Victoria Gold, gold, Yukon, John McConnell

TerraX Minerals Inc. (TXR:TSX.V) released assay results from the Yellowknife City Gold project in Canada’s Northwest Territories on July 18. Surface sampling from the Angel and Duck Lake zones revealed some high-grade results, including 67.5 g/t gold and 4,910 g/t silver at Angel and 20.3 g/t gold at Duck Lake. read more

Victoria Gold Executes Commitment Letter for US$220 Million Project Finance Facility for the Construction of the Eagle Gold Mine

JayCurrie
V.VIT, Victoria Gold, gold

TORONTO, ON–(Marketwired – July 31, 2017) – Victoria Gold Corp. (TSX VENTURE: VIT) “Victoria” or the “Company” is pleased to announce that the Company and BNP Paribas (“BNPP”) have executed a commitment letter (the “Commitment Letter”) for the debt financing transaction previously outlined in the Company’s press release dated January 24, 2017. read more

Dundee Precious Metals Creates Leading Technology Provider Through the Combination of its Terrative Digital Solutions Division With MineRP

JayCurrie
T.DPM

TORONTO, ONTARIO–(Marketwired – July 31, 2017) – Dundee Precious Metals Inc. (TSX:DPM) (“DPM” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with MineRP Holdings Proprietary Limited (“MineRP”), a provider of integrated mining technical solutions, whereby DPM will combine its proprietary wireless underground communications technology, managed within DPM’s Terrative Digital Solutions division (“Terrative”), with MineRP, and acquire a majority interest in MineRP. The combination will create a leading technology provider well positioned to further capture the rapidly growing demand in the mining industry for digital innovation. read more

The Gold Sector Consolidation is Showing Signs of Ending Soon

JayCurrie
Canadian junior mining

The gold miner consolidation, which began in early August of 2016, is giving us strong signals of being close to ending soon. Miner ETF traders have been treated to multiple whipsaw moves since the beginning of June, making it nearly impossible to successfully trade the sector. Some of this frustration can be attributed to US equity fund managers who have been book squaring into quarter end this week before heading to the Hamptons for the Independence Day weekend (US markets will be closed next Tuesday, July 4th). read more David Erfle

Gold in Wyoming’s Rattlesnake Hills (Again)

JayCurrie
Canada Mining

GFG Resources Inc. (GFG:TSX.V; GFGSF:OTCQB) announced at the end of June an aggressive 2017 exploration program at the company’s 100% owned Rattlesnake Hills gold project in central Wyoming. The program is scheduled to run from July through November. According to the company, “the fully funded, U.S.$4.0 million exploration program will consist of approximately 50 holes or 15,000 metres of drilling focused on four brownfield targets and six greenfield targets, additional soil and rock sampling and metallurgical testwork.” Read more at The Gold Report

Yukon Gold (and Silver, Copper, Nickel, Platinum Too)

JayCurrie
T.WRN, V.WGO,Yukon, ,T.WG, , V.CSL,
yukon mining

When you embark on a tour of the upcoming mines of the Yukon the first thing which hits you is the sheer size of the place. Miles and miles of untouched, trackless, wilderness separates many of the properties from any sort of population centre. To cover eight properties and a full-scale mining conference in six days means a lot of fixed wing flying, helicopter jumps and bumpy drives down gravel (if you’re lucky) roads. read more